Tradeline, Inc. filters and categorizes new-construction and industry news from regional and professional journals across the country. Here you will find new projects, products, and regulatory updates.
Industry News
Horizon Opens Second HQ in Mt. Laurel
Horizon Blue Cross Blue Shield of New Jersey, based in Newark, N.J., plans to consolidate its Philadelphia and Evesham offices in a new 87,460-sf secondary headquarters in Mt. Laurel. The $11 million facility, built by Boston-based Leggat McCall Properties, will accommodate more than 400 employees beginning in late June 2001.
Deere & Co. Occupies New Training Center
Deere & Co., based in Moline, Ill., moved into a 12,500-sf training facility in August at the Commonwealth Park II development in Morrisville, a short distance from Cary, N.C., where the company is building a new division headquarters. Three classrooms, three labs, a conference room plus some unfinished space will provide product training space for the company's employees. At build-out, the company's nearby Cary campus will house up to 2,000 employees.
Answerthink Builds Technoplex HQ in Conshohocken
Answerthink Inc., a computer consulting company based in Miami, has plans for a new headquarters at O'Neill Properties Group's Millenium project. The facility, dubbed 'Technoplex', will accommodate a computer operations center, an advanced R&D facility, and space for training and educational activities. Approximately 180 employees will be employed at the new building.
Bank of America Outsources Leasing & Management to Trammell Crow
Bank of America, headquartered in Dallas, has awarded Trammell Crow a multiyear, multimillion dollar contract to handle leasing and management for the bank nationwide, which encompasses 40 million sf of real estate in 23 states. This is the largest real estate outsourcing contract in Trammel Crow’s history, and will cover everything from HVAC maintenance to site locations for new branch banks.